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FCA chief executive Nikhil Rathi
Mel Stride, chair of the Treasury Select Committee, has put the FCA's bonus scheme into question and also raised concerns over the watchdog's recent fee hike proposal for financial services firms.
"Your November fee proposals contain a significant uplift for firms' minimum fees," said Stride. "It's quite a hike, certainly in proportional terms." He also highlighted the increase in minimum fees...
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